FY2027 Small Area FMR · Fort Dodge, IA

ZIP 50501 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 50501 (Fort Dodge, IA) is $950 a month, up 1.1% from FY2026. That is 2% above the Webster County, IA area-wide FMR of $927.

2-bedroom SAFMR$950per month ▲ 1.1%

Area-wide 2 BR FMR$927Webster County, IA

Rank in the area7thof 23 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$855

2 BR Small Area FMR$950

110% of SAFMR$1,045

Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.

Studio$680▼ 4.2%

1 BR$730▲ 1.4%

2 BR$950▲ 1.1%

3 BR$1,220▲ 0.8%

4 BR$1,590▲ 0.6%

FY2027 FY2026

Where 50501 sits in the Webster County, IA area

Of the 23 ZIP codes HUD lists for the area, 50501 has the 7th highest two-bedroom Small Area FMR. Webster County, IA is not on HUD's list of mandatory Small Area FMR areas, so voucher payment standards here are normally based on the area-wide FMR of $927 for two bedrooms; an agency that opts in to Small Area FMRs would use $950 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$680	$612 – $748	$667	$710
1 bedroom	$730	$657 – $803	$709	$720
2 bedrooms	$950	$855 – $1,045	$927	$940
3 bedrooms	$1,220	$1,098 – $1,342	$1,191	$1,210
4 bedrooms	$1,590	$1,431 – $1,749	$1,549	$1,580

A household renting a two-bedroom home at the Small Area FMR of $950 needs about $38,000 a year to keep housing costs at 30% of income. The area median family income is $98,400 and the 80% low-income limit for four people is $78,700. ZIP code 50501 lies mainly in Webster County. See the Webster County, IA county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
50569	Otho	6.8 mi	$930
50566	Moorland	7.7 mi	$1,140
50516	Badger	9.5 mi	$930
50518	Barnum	10.0 mi	$940
50532	Duncombe	10.0 mi	$930
50523	Callender	10.1 mi	$930

Questions

What is the Fair Market Rent for ZIP code 50501?

HUD's FY2027 Small Area Fair Market Rents for 50501 are $680 (studio), $730 (1 BR), $950 (2 BR), $1,220 (3 BR) and $1,590 (4 BR) a month.

What is the Section 8 payment standard in 50501?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 50501 that range is $855 to $1,045 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 50501?

The FY2026 income limits of the Webster County, IA area apply: median family income $98,400, low-income (80%) limit $78,700 for a family of four.